U.S. Polypropylene (PP) Hard Sided Luggage Market

U.S. Polypropylene (PP) Hard Sided Luggage Market

U.S. Polypropylene (PP) Hard Sided Luggage Market By Price Range ($29.99-$59.99, $60.00-$99.99, $100.00-$149.99, $150.00 and Above), By Sales Channel (Online Retails, Offline Retails) – Covid-19 Impact Analysis, Post Covid Analysis, Opportunities, Trends And Forecast From 2021 to 2034

The U.S. Polypropylene (PP) Hard Sided Luggage market was valued at $1.12 Billion in 2023 in terms of transaction value and is anticipated to grow at a CAGR of 7.86% from 2024 to 2034. This growth is attributed to several macro and microeconomic factors such as

Growth in the global travel & tourism industry

The growth in the global travel and tourism industry is a significant driving factor for the U.S. Polypropylene (PP) Hard Sided Luggage Market. As more people travel for both leisure and business, the demand for durable, lightweight, and secure luggage increases. Polypropylene (PP) hard-sided luggage is particularly appealing to travelers due to its strength, impact resistance, and ability to protect belongings during transit. The expansion of international and domestic travel has led to a surge in luggage purchases, as travelers seek reliable options that can withstand the rigors of frequent travel. The rise in disposable income and the growing middle class globally have also contributed to more people traveling, further boosting the need for quality luggage. Moreover, the trend toward more extended and adventure-filled trips has heightened the demand for sturdy, protective luggage that can endure harsh conditions and rough handling. PP hard-sided luggage, known for its durability and lightweight nature, meets these needs, making it a preferred choice among travelers. In summary, the growth in the global travel and tourism industry drives the U.S. Polypropylene (PP) Hard Sided Luggage Market by increasing demand for durable, lightweight, and protective luggage that suits the needs of modern travelers, who are embarking on more frequent and varied journeys.

Further several factors restraining the market growth include

Risk of counterfeiting

The risk of counterfeiting restrains the U.S. Polypropylene (PP) Hard Sided Luggage Market by undermining brand reputation, reducing consumer trust, and causing financial losses for legitimate manufacturers. Counterfeit products, often of inferior quality, can lead to consumer dissatisfaction and confusion, while also eroding market share and increasing costs for brands trying to protect their products. This challenge hinders market growth and innovation.

E-commerce and online sales growth and collaborations and alliances in the Polypropylene (PP) Hard Sided Luggage market are expected to generate higher avenues during the forecast period.

In the wake of the COVID-19 pandemic, supply chain disruptions have led to supply shortages or lower demand in the Polypropylene (PP) Hard Sided Luggage market. The pandemic has caused a decline in new orders and a corresponding decrease in Purposeion.

This section will analyze how COVID-19 has impacted supply chains, leading to shortages and lower demand for Polypropylene (PP) Hard Sided Luggage.

In terms of COVID-19 impact, the Polypropylene (PP) Hard Sided Luggage market report also includes the following data points:

Impact on Polypropylene (PP) Hard Sided Luggage market size
Operating Weights Trend, Preferences, and Budget Impact
Regulatory Framework/Outdoor Policies
Key Players' Strategy to Tackle Negative Impact/Post-COVID Strategies
Opportunity in the Polypropylene (PP) Hard Sided Luggage market

Key Insight in the report:

The U.S. Polypropylene (PP) Hard Sided Luggage market report covers an executive summary, market dynamics, COVID impact & post-COVID scenario, market size and forecast, competitive intelligence, market positioning, and Purposes.

Our report covers extensive competitive intelligence which includes the following data points:

Business Overview
Business Segment Data
Financial Data
Purpose Segment Analysis and Specification
Recent Development and Company Strategy Analysis
SWOT Analysis

Polypropylene (PP) Hard Sided Luggage Market Segmentation:

Price Range
$29.99-$59.99
$60.00-$99.99
$100.00-$149.99
$150.00 and Above
Sales Channel
Online Retails
Offline Retails

Key Players Included in the Report:

Samsonite IP Holdings S.àr.l
COOLIFE
SwissGear
Delsey
Travelpro
Joyway
IT Luggage USA Ltd
Traveler's Choice
Dukap Show more